Collaboration and Partnership

Working together
to optimize operations

At Weatherford, we see strategic partnerships and alliances as an effective way of developing innovative new solutions that bring value to our customers.

As the industry leader in well construction and production optimization technologies and services, we recognize our own strengths as well as the value that these capabilities offer other industry leaders. No company can offer everything to everyone, but by working together, we can all get much closer to our shared goals.

IBM Joint Initiative Agreement

Production optimization software powered by Watson

Demonstrating our commitment to digital solutions, in July 2016, Weatherford signed a Joint Initiative Agreement with IBM to collaborate on the development of new products and services for oil and gas producers.

Through the joint initiative, Weatherford and IBM will continue to develop new analytics solutions, all available via IBM Cloud, that are based on Weatherford's extensive production optimization and engineering software platform, its supervisory control and data acquisition (SCADA), and its sensors and controllers. These new solutions leverage IBM advanced analytics and Internet of Things capabilities on the IBM Cloud and further strengthen Weatherford's industry-leading production optimization technologies.